Sacks Parente Golf Signs Material Definitive Agreement
Ticker: NWTG · Form: 8-K · Filed: Oct 10, 2024 · CIK: 1934245
| Field | Detail |
|---|---|
| Company | Sacks Parente Golf, INC. (NWTG) |
| Form Type | 8-K |
| Filed Date | Oct 10, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $2.00, $536,000, $75,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, corporate-event
TL;DR
Sacks Parente Golf signed a big deal on Oct 8th, details TBD.
AI Summary
On October 8, 2024, Sacks Parente Golf, Inc. entered into a Material Definitive Agreement. The filing does not provide specific details on the agreement or any associated dollar amounts or parties involved.
Why It Matters
This filing indicates a significant business development for Sacks Parente Golf, Inc., potentially impacting its operations or financial standing.
Risk Assessment
Risk Level: medium — The lack of specific details in the filing regarding the material definitive agreement introduces uncertainty about its nature and potential impact.
Key Players & Entities
- Sacks Parente Golf, Inc. (company) — Registrant
- October 8, 2024 (date) — Date of earliest event reported
- October 10, 2024 (date) — Date of report
FAQ
What is the nature of the Material Definitive Agreement entered into by Sacks Parente Golf, Inc. on October 8, 2024?
The filing does not specify the nature of the Material Definitive Agreement.
Are there any financial implications or dollar amounts associated with this agreement?
The filing does not disclose any specific dollar amounts or financial implications related to the agreement.
Who are the other parties involved in this Material Definitive Agreement?
The filing does not identify the other parties to the agreement.
What is the principal business of Sacks Parente Golf, Inc.?
Sacks Parente Golf, Inc. is involved in golf-related manufacturing, as indicated by its SIC code [3949].
When was this Form 8-K filed with the SEC?
This Form 8-K was filed on October 10, 2024.
Filing Stats: 756 words · 3 min read · ~3 pages · Grade level 12.1 · Accepted 2024-10-10 15:15:57
Key Financial Figures
- $0.01 — ch registered Common stock, par value $0.01 per share SPGC The Nasdaq Stock Mar
- $2.00 — n Share , at a public offering price of $2.00 per Common Share. The Company's Common
- $536,000 — any for the offering were approximately $536,000, after deducting the underwriting disco
- $75,000 — uding legal fees, in an amount of up to $75,000. The Underwriting Agreement contains
Filing Documents
- form8-k.htm (8-K) — 40KB
- ex1-1.htm (EX-1.1) — 338KB
- ex5-1.htm (EX-5.1) — 27KB
- ex5-1_001.jpg (GRAPHIC) — 18KB
- ex5-1_002.jpg (GRAPHIC) — 4KB
- 0001493152-24-040712.txt ( ) — 670KB
- spgc-20241010.xsd (EX-101.SCH) — 3KB
- spgc-20241010_lab.xml (EX-101.LAB) — 33KB
- spgc-20241010_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 1.1 Underwriting Agreement Dated October 8, 2024 5.1 Opinion of TroyGould PC 23.1 Consent of TroyGould PC (included in Exhibit 5.1) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) -2-
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: October 10, 2024 SACKS PARENTE GOLF, INC. By: /s/ Greg Campbell Greg Campbell Executive Chairman -3-